Nexus’ Xenia Broking Group acquires Status Credit
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Nexus’ Xenia Broking Group acquires Status Credit

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Modern office buildings in London, UK | Easyturn/Getty Images/iStockphoto

Nexus-owned broker Xenia has agreed to buy Sussex-based trade credit specialist Status Credit.

The transaction will complete in April and the business will become part of Xenia’s Credit Risk Solutions. Status Credit has a particular specialism in construction credit insurance, which it has built on over the past 18 years, according to...

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